they've had substantially less time to prepare than mitt romney. mitt romney devoted three full days in vermont to debate preparations. the president is lucky to be able to devote three consecutive hours to debate preparation. >> it is something that you have to do to lower the expectations, because expectations are running quite high on both sides about the debate itself, what we can expect to see. >> well, i think everybody's expectations are running high. generally challengers win the first debate, especially against incumbents, because incumbents have not had the opportunity to debate in several years. >> you're already conceding the challenger might win this debate? >> i think there's a good chance governor romney will win this debate. look, he won virtually every debate during the republican primaries. he actually dispatched no newt gingrich, demolishe demolished e florida debate. the president is very good at delivering a message to the american people, but generally more like you saw at the democratic convention, in kind of a longer format.